It seems odds-on that General Motors has to reorganize if it is to solve its problems with burdensome legacy costs -- pensions and health care.

I was here working. I didn't watch it. My sales manager came in the next day and said, 'Marty, you sure know how to lose $1 million.' I said I didn't lose anything.

I think he's a genius.

Had he not been the leader who got this thing out of (Chapter) 11 in May 2003, there would have been nothing left for us pre-petition creditors. I'm firmly convinced that's the case.